17. Gain contingencies should a. be accrued if they are probable and can be reasonably estimated b. not be accrued in the accounts c. be accrued only if they are the result of litigation or government appropriation d. not be accrued or disclosed
17. Gain contingencies should a. be accrued if they are probable and can be reasonably estimated b. not be accrued in the accounts c. be accrued only if they are the result of litigation or government appropriation d. not be accrued or disclosed
Chapter11: Investor Losses
Section: Chapter Questions
Problem 26DQ
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17. Gain contingencies should
a. be accrued if they are probable and can be reasonably estimated
b. not be accrued in the accounts
c. be accrued only if they are the result of litigation or government appropriation
d. not be accrued or disclosed in the footnotes
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